earnings
confidence high
sentiment positive
materiality 0.80
Advance Auto Parts Q2 EPS $0.90 vs $0.25; adjusted EPS $1.03, FY EPS guidance raised
ADVANCE AUTO PARTS INC
- Q2 net sales $2.0B, flat YoY; comps -0.5%; DIY softness, Pro low-single-digit growth.
- Operating income $101M vs $22M; adjusted $112M vs $61M (5.6% vs 3.0% margin).
- $26M tariff refunds added ~$0.31 to adjusted EPS; repurchased ~$30M debt; leverage 2.1x.
- FY26 adjusted EPS raised to $2.60-$3.30 from $2.40-$3.10; store openings cut to 30-35.
- Declared $0.25/share dividend, payable Oct 23, 2026, record Oct 9, 2026.